How and why is the Private Sector involved?
Through a process of competition, selection and negotiation, a private sector team was chosen to design, build, operate and maintain the Canada Line for 35 years. The successful team is also investing in the project and will assume significant risks including construction, schedule, operations and maintenance risks through a fixed-price, date-certain contract. The public sector will own the Canada Line, set fares and monitor system performance. The private sector is being involved in the Canada Line Project to achieve the best transit solution for the corridor at the most competitive price and to maximize risk transfer away from the public sector while protecting the public’s investment over the long-term. Transit projects in the UK, the US, Australia, Continental Europe and Asia have been built with private sector involvement.
